Daily - Go to TTD's Tape of Stock Charts - Friday. April 4, 2014 |
Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, March 31, 2013 |
Go to Video Show - "How to Make Money With Breakout Stocks" |
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By Leo Fasciocco -- TTD
Ticker Tape Digest presents its daily stock market report containing stocks to go long as breakout trades, quick trades, or bargain trades. We also feature stocks under Significant Accumulation that are poised to breakout.
Ticker Tape Digest's Daily schedule guide for TTD subscribers 1. Pre-market - check Breakout Watch List and Quick Trades. 2. Morning - (11:30 - 12 A.M.) - check breakout stocks tape and breakout chart slide show. 3. Midday (1 P.M.) check TTD Midsession Report and see market video show. 4. After close (4 P.M.) check final TTD Report for day. Trading Strategies Bullish Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. (See Performance) Aggressive Investor Bullish- "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit." (See Performance) Conservative Investors "Bargain Buy Trades for the Long Term." Ideally suited for entry into top performing big cap stocks on pullbacks within overall up trend.(See Performance) Bearish Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns (See Performance) |
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The TTD report also contains stocks to short as breakdown plays and as bargain (swing trade) shorts.
Investors should tend to try to go with a strategy that fits with the stock market's trend, unless there is a special situation play.
TTD's Breakout Stocks - Long are most suitable for aggressive investors seeking ideal entry points into leading stocks, especially during bull markets. They can do extremely well in bull markets with gains of as much as several hundred percent.
These stocks can also do extremely well during strong market rallies, or if they are in a industry group that is performing very well. They tend to have strong earnings outlooks and are near new-52 week, or all-time highs.
TTD Quick Trade Stocks - Long These are leading issues that have pulled back in recent days, but could move higher soon. They are most suitable for Aggressive Investors willing to trade short term. These stocks will do extremely well during market advances. They have about 74% win rate. During market rally sequences the win rate is even higher. The return is small 3% to 8% in just a few days.
TTD's Bargain Buy Trades - Long - Long Term. These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.
TTD also presents Stocks To Sell or Sell Short. These issues are suitable for aggressive investors willing to take short positions both as trades or for longer-term plays. These stocks will do very well during bear markets or market pull backs.
TTD's Bearish breakdown stocks to sell short. These issues have potential to fall sharply. They often show a technical breakdown and also some fundamental business problem such as weak earnings.
TTD's multi-media updates include a slide-show that presents charts and analysis at midsession. Some times TTD presents feature analysis on stocks and the market. TTD uses Windows Media Files. (WMV).
TTD also presents a "Breakout Watch List" that is up dated daily. This list consists of key stocks in position to breakout. A close watch of this list can put you in the stock just as it breaks out. A good idea is to study the list and be ready to move into a stock quickly as it hits its breakpoint.
TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the breakpoint. The idea is to get "elbow room" if the stock should follow through to the upside. This is very important in being successful in making big money with breakout stocks.
It is also essential to have a stop loss strategy for all stocks in which positions are taken. Not every stock will work as expected. It is important for investors to "police" their portfolios and avoid getting trapped in any bad positions.
Quality rating of breakout Two key factors: 1 - Stock near all-time in price or near a 52-week high. 2 - earnings growth current year is strong. The ideal play is a stock with an Above Average Quality Rating. The stock is near a new high and will have strong earnings. TTD's other ratings are Average and Below Average.
TTD also has special feature sections on Educational Tips on Investing.
To email Mr. Leo Fasciocco leo@tickertapedigest.com.For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-926-1680.
Breakout Stocks
Total Buy Breakouts so far today - 1
Overall Quality of Breakouts - ABOVE AVERAGE
Stocks Screened - 8,300
Bull side - Only one breakout stock today. Stock market falls sharply today, especially the Nasdaq. TTD had been pointing out weakness in the Nasdaq prior to the tumble. Bulls go slow. Earnings will be coming now.
(Put mouse on Dow chart to see Nasdaq chart)
Long Term Environment for bulls: Favorable
Stock Market Momentum
Market (Daily) - NYSE Bearish, Nasdaq Bearish
Market (Weekly) - NYSE Bullish, Nasdaq Bearish
Market (Monthly) - NYSE Bullish, Nasdaq Bearish
Ticker Tape Digest's
TTD's Quality Rating of Stock - BAP - ABOVE AVERAGE |
BAP, based in Lima, Peru, provides banking and insurance services in Peru and Bolivia. Annual revenues: $3.7 billion. BAP's stock breaks out today from a 10-month flat base. The stock is the only one TTD found as a breakout as stock market took a big fall. So far, today, BAP is trading a heavy 602,814 shares, double its average daily volume of 309,000 shares.
TTD highlighted BAP as a breakout at our midsession video show on the Web Friday.
BAP's 10-minute chart shows the stock driving higher in the morning and clearing its breakpoint.
The stock peaked in the afternoon at 142.60. The later in the session the stock backed off but still held above its breakpoint. That was pretty good action considering the heavy selloff in the stock market Friday.
BAP's tape action shows the recent block trades.
One can see the price of the blocks climbing from $137.70 a few sessions ago to as high as $142.32 on Friday. The price of the blocks then drifted lower.
A key bullish block came in the morning when 2,400 shares crossed the tape at $141.52.
That was up from the prior block at $138.17 on 15,726 shares.
BAP is a limited liability company that is a holding company that overseas subsidiaries in banking and other financial service areas.
Credicorp's principal objective is to coordinate and manage the business plans of its subsidiaries in an effort to implement universal banking services in Peru, while diversifying regionally.
The company operates mainly through its four operating segments: banking (including commercial and investment banking), insurance, pension funds, and brokerage and other.
Banking: mainly handling loans, credit facilities, deposits and current accounts, and providing investment banking services, including corporate finance, both for corporate and institutional customers.
Insurance: including commercial property, transportation and marine hull, automobile, life, health and pension fund underwriting insurance.
Pension funds: providing private pension fund management services to contributors. Brokerage and others: including the structuring and placement of main market issues and the execution and trading of secondary market transactions.
This segment also includes offers of local securitization structuring to corporate entities, management of mutual funds and other services. The Company’s five main subsidiaries are Banco de Credito del Peru, Atlantic Security Bank, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Prima AFP, Credicorp Investments. The Company
BAP's 9-month performance chart shows the stock appreciating 18% versus a 14% gain for the S&P 500 index.
BAP's long-term chart shows the stock as a big winner soaring from 12 back in 2004 to a peak of 86 in 2008. It then fell back to 30 later in 2008 due to the bear.
However, afterwards the stock rose steadily to hit an all-time high of 167 2013. It then pulled back and formed its current base.
BAP's daily chart shows the stock trending sideways in a trading range. Today, it clears the base after having rallied the past two weeks.
The breakout comes with a good expansion in volume.
The stock's TTD momentum indicator (top of chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) lags.
This year, analysts are forecasting a robust 53% surge in profits this year to $10.89 a share from $7.11 a year ago.
The stock sells with a price-earnings ratio of 13. TTD sees that as a bit low. So, BAP has appeal to value investors.
Going out to 2015, the Street looks for a 16% gain in net to $12.63 a share from the anticipated $10.89 this year.
Net for the next two quarters will show a modest acceleration in growth.
Net for the first quarter should rise 11% to $2.53 a share from $2.28 a year ago. Looking ahead to the second quarter, earnings should climb 27% to $2.63 a share from $2.07 the year before.
Strategy Opinion:: TTD suggests a partial position in BAP off this breakout with a strategy of average up in the positions. TTD is targeting BAP for a move to 164 off this breakout.
A protective stop can be placed near 135.
TTD rates BAP a good intermediate-term play provided earnings remain on course.
Sponsorship: Very Good. The largest fund holder is the 3-star rated Vanguard International Growth Fund with a 1.5% sake. It was a recent buyer of 43,546 shares. Also, the 5-star rated Driehaus Emerging Markets Growth Fund was a recent purchaser of 19,667 shares. It has a 0.24% stake.
BAP has 79.8 million shares outstanding. Institutions hold 79% of the stock.
Insider Activity: Not available. Currently, 5 analysts follow the stock, 4 have a buy, the same as three months ago.
Stock Performance Chart with Quarterly Earnings Markers.
TTD's Breakout Profile
Rating Credicorp Ltd. (BAP)) |
TTD Check List | Bullish | Bearish | Neutral |
Near 52-week High | YES | ||
Volume | YES | ||
Tick Volume | YES | ||
Price Trend - Daily | YES | ||
Price Trend - Long Term | YES | ||
Price Daily Spread | YES | ||
Base Structure | YES | ||
Base - A-D | YES | ||
Earnings-Quarterly | YES | ||
Earnings-Long Term | YES | ||
Earnings Outlook | YES | ||
Industry Group | YES | ||
Prior Breakout Success | YES | ||
Fund Sponsorship | YES | ||
Total Score | 13 | 0 | 1 |
Charts of Selected Breakout Stocks
None
Ticker Tape Digest’s Daily List of “Stocks To Sell or Sell Short” ranks stocks well timed to be sold immediately based on daily trading. The list can be used as an alert to reduce current long-term positions.
Shorts from tape action so far today - 20 - Max
Stocks Screened - 8,300
Long-Term Environment for bears: Neutral.
Bear Side - Big number of shorts as stock market falls sharply and broadly. Bears can be venturesome. TTD's short from Thursday was Linkedin (LNKD) at 175.51. Today, it has declined to 167.51 and is working well for bears.
IMPV, based in Redwood Shores, Ca., makes protection software. Annual revenues: $138 million. IMPV's stock declines today and undercuts key technical support. So far today, IMPV is trading a heavy 509,967 shares, almost double its average daily volume of 306,000 shares. TTD sees more on the downside.
TTD highlighted IMPV as a short at our midsession video show on the Web Friday.
The stock fell steadily in the morning and hit an intraday low of 48.54 around noon. In the afternoon it lifted a bit to trim some of its loss.
IMPV's tape action shows the recent block trades.
One can see the price for the blocks declining from $52.01 in the prior session to as low as $48.54.
A key bearish trade came in the morning when a block of 11,000 shares crossed the tape at $51.78.
That was down from the prior block at $51.93 on 6,673 shares late on Thursday.
IMPV produces protection software and provides services for business applications and databases. It provides full audit accountability and separation of duties to meet regulatory compliance.
The company's SecureSphere Data Security Suite protects sensitive data from hackers and malicious insiders along with providing a fast and cost-effective route to regulatory compliance .
The product offers database security solutions to secure sensitive data stored in databases, file security solutions to protect sensitive files on file servers, storage devices and content repositories.
Analysts expect IMPV to show a loss of $2.32 a share this year compared with a loss of $1.03 the year before. Going out to 2015, the Street projects a loss of $2.02 a share.
IMPV's daily chart shows the stock making a head-and-shoulders top and then breaking down. The stock's TTD momentum indicator (top of chart) is bearish. The accumulation-distribution line (bottom of chart) has rolled over.
Strategy Opinion: TTD is targeting IMPV for a decline to 41 within the next few months, or sooner. A protective stop buy can be placed near 51.60.
TTD's Quality Rating of Stock - IMPV - BELOW AVERAGE |
TTD columnist Leo Fasciocco has covered the stock market for over 20 years. His articles appear in many publications. He is also a speaker at the Intershow conferences. He has been on television and radio. He is author of many educational articles about stock investing and the book “Guide To High-Performance Investing.”
For information to subscribe to the Ticker Tape Digest Services call: B. J. Owen at 1-480-926-1680. Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. P.O. Box 2044 Chandler, Az. 85244-2044. TTD “Professional Report” is available on the World Wide Web: $100 per month. Password needed. “TTD Professional“ Faxed is $200 per month. The TTD Daily Report is $39.95. Credit cards accepted.
(The information contained has been prepared from data deemed reliable but there is no guarantee of complete accuracy. Ticker Tape Digest Inc. is not affiliated with any broker, dealer or investment advisor. Nothing in this publication constitutes an offer, recommendation or solicitation to buy or sell any securities. Further research is advised. This report is copyrighted and no redistribution is permitted with out permission.)